Cheap Apartments for Rent in the Penn Draw Neighborhood of Alexandria, VA from $908 (63 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Penn Draw area of Alexandria.

property at 7278 Nittany Ln

$1,500

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 2 Bath Townhome for Rent

Available Now

7278 Nittany Ln

AlexandriaVA22306
property at 108 N Patrick St

$1,550 - $1,650

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,550 - $1,650

Total Monthly Price
$1,550 - $1,650

Studio To 1 Bedroom Condos for Rent

Available Sep 1

108 N Patrick St

AlexandriaVA22314
property at 2059 Huntington Ave

$1,450 - $2,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

Studio To 2 Bedroom Rentals

Available Now

2059 Huntington Ave

AlexandriaVA22303

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 6621 Wakefield Dr

$1,600 - $1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

Studio To 1 Bedroom Rentals

Available Now

6621 Wakefield Dr

AlexandriaVA22307
property at 2237 Farrington Ave

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

1 Bedroom, 1 Bath Home for Rent

Available Now

2237 Farrington Ave

AlexandriaVA22303
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The Belhaven Apartments
Rent Specials
$1,652 - $4,333
Total Monthly Price

Total Monthly Price

Base Rent
$1,630 - $4,311
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Belhaven Apartments

6375 Richmond HwyAlexandria, VA 22306
Eco-Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
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The Foundry
Rent Specials
$1,726 - $4,585
Total Monthly Price

Total Monthly Price

Base Rent
$1,719 - $4,578
Required Monthly Fees
$7

Total Monthly Price
$1,726 - $4,585
Studio to 2 Bedroom Apartments Available Now

The Foundry

2470 Mandeville LnAlexandria, VA 22314
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 6622 Boulevard View

$1,775

Total Monthly Price

Total Monthly Price

Base Rent
$1,775

Total Monthly Price
$1,775

1 Bedroom, 1 Bath Home for Rent

Available Now

6622 Boulevard View

AlexandriaVA22307

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Bell Old Town
Rent Specials
$1,998 - $5,348
Total Monthly Price

Total Monthly Price

Base Rent
$1,995 - $5,345
Required Monthly Fees
$3

Total Monthly Price
$1,998 - $5,348
Studio to 3 Bedroom Apartments Available Now

Bell Old Town

750 Thornton WayAlexandria, VA 22314
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 1413 Belle View Blvd

$1,999

Total Monthly Price

Total Monthly Price

Base Rent
$1,999

Total Monthly Price
$1,999

2 Bedroom, 1 Bath Home for Rent

Available Now

1413 Belle View Blvd

AlexandriaVA22307
property at 6284 Rose Hill Dr

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

2 Bedroom, 1 Bath Home for Rent

Available Now

6284 Rose Hill Dr

AlexandriaVA22310
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Dylan & Reese
$2,067 - $4,689
Total Monthly Price

Total Monthly Price

Base Rent
$2,040 - $4,662
Required Monthly Fees
$27

Total Monthly Price
$2,067 - $4,689
Studio to 3 Bedroom Apartments Available Now

Dylan & Reese

2455 Mandeville AveAlexandria, VA 22314
Luxury
  • Verified
  • Customer Reviewed
  • 3D Tour

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

property at 6607 Potomac Ave

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

2 Bedroom, 1 Bath Home for Rent

Available Now

6607 Potomac Ave

AlexandriaVA22307
property at 212 N Patrick St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

1 Bedroom, 1 Bath Home for Rent

Available Now

212 N Patrick St

AlexandriaVA22314
property at 2050 Jamieson Ave

$2,250

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,250

Total Monthly Price
$2,250

Studio, 1 Bath Condo for Rent

Available Now

2050 Jamieson Ave, Unit 1109

2050 Jamieson Ave
AlexandriaVA22314
property at 4854 Eisenhower Ave

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

1 Bedroom, 1 Bath Home for Rent

Available Now

4854 Eisenhower Ave

AlexandriaVA22304
property at 2451 Midtown Ave

$2,350

Total Monthly Price

Total Monthly Price

Base Rent
$2,350

Total Monthly Price
$2,350

1 Bedroom, 1 Bath Home for Rent

Available Now

2451 Midtown Ave

AlexandriaVA22303
property at 7526 Coxton Ct

$2,400

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

2 Bedroom, 2 Bath Condo for Rent

Available Now

7526 Coxton Ct, Unit E

7526 Coxton Ct
AlexandriaVA22306

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 4850 Eisenhower Ave

$2,450 - $2,700

Total Monthly Price

Total Monthly Price

Base Rent
$2,450

Total Monthly Price
$2,450

2 Bedroom Rentals

Available Now

4850 Eisenhower Ave

AlexandriaVA22304
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Mount Vernon Gardens
Studio to 2 Bedroom Apartments

Mount Vernon Gardens

7417-7421 Fordson RdAlexandria, VA 22306
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The Ellsworth
Studio to 2 Bedroom Apartments

The Ellsworth

2801 Seay StAlexandria, VA 22314
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Jefferson Gardens
1 to 2 Bedroom Apartments

Jefferson Gardens

5877 Monticello RdAlexandria, VA 22303
  • Utilities Included
property at 7009 Lamp Post Ln

$1,500

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Home for Rent

Available Now

7009 Lamp Post Ln

AlexandriaVA22306
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Haven Huntley Meadows
1 to 3 Bedroom Apartments

Haven Huntley Meadows

7300 Jon Paul DrAlexandria, VA 22306
Senior Living
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Kings Gardens
1 to 3 Bedroom Apartments

Kings Gardens

6300 S Kings HwyAlexandria, VA 22306
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Olde Towne West
1 to 4 Bedroom Apartments

Olde Towne West

500-524 S Alfred StAlexandria, VA 22314

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Penn Draw, Alexandria, VA Local Guide

Cheapest Available Penn Draw Apartments for Rent

 

The cheapest available apartment rental in the Penn Draw area of Washington, VA is a Studio unit found at Riverside Apartments priced from $1,302. Meadow Woods has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,399. Here are the most affordable Penn Draw apartments for rent in Washington, VA:

Apartment ListingModel NameBed/BathPriced From
Riverside ApartmentsExecutive Studio | S1BStudio,1BA$1,302
Meadow WoodsPatrick Henry1BR,1BA$1,399
Lafayette Apartments<h3><center><b>One Bedroom</h3></center></b>1BR,1BA$1,449
Cityside Huntington MetroStudio 430 sq. ft.Studio,1BA$1,450
Longview2/1/E2BR,1BA$1,503
Haven Huntley Meadows1 Bedroom1BR,1BA$1,525
Beacon HillPiperStudio,1BA$1,550
Mount Vernon Square Apartment HomesOne Bedroom - 735 sqft1BR,1BA$1,560
The Belhaven ApartmentsS01Studio,1BA$1,652
The Residences at North Hill1 Bedroom1BR,1BA$1,656

Best Value Apartments for Rent in Penn Draw, VA

As of August 30, 2026 the best value apartment in the Penn Draw area is the $2.75 price per square foot 3Bedroom 1.5Bathroom Model at Cherry Arms in the in the Gum Springs neighborhood starting from $2,695. The second greatest value Penn Draw apartment is the 211-5 Model at 211 West Street Apartments starting at $2,100 with a $2.33 price per square foot in the Northeast Alexandria neighborhood. Here is today’s list of the best values for Penn Draw apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cherry Arms3Bedroom 1.5Bathroom3BR,1.5BA$2.75
211 West Street Apartments211-52BR,1BA$2.33
Lafayette Apartments<h3><center><b>Two Bedroom</h3></center></b>2BR,1BA$2.07
Longview2/1/C2BR,1BA$1.89
The Shelby1 Bedroom 1 Bathroom1BR,1BA$2.67
Meadow WoodsWoodlawn1BR,1BA$2.08
Rose Hill ApartmentsThe Oronoco1BR,1BA$2.79
The Residences at North Hill1 Bedroom1BR,1BA$2.48
Mount Vernon Square Apartment HomesOne Bedroom - 665 sqft1BR,1BA$2.50
Haven Huntley Meadows1 Bedroom1BR,1BA$2.33

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Frequently Asked Questions about Cheap Penn Draw Apartments

What is a cheap apartment in Penn Draw?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Penn Draw is under $1,656.

What is the price of a cheap apartment in Penn Draw?

The cheapest apartment in Penn Draw is Meadow Woods which is listed at $1,399, while the average apartment in Penn Draw costs $2,141.

What types of apartments are the cheapest in Penn Draw?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 57 regular apartments in Penn Draw that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Penn Draw?

Cheap apartments in Penn Draw have an average cost of $324 which is $1,817 cheaper than the average rent for all rentals in Penn Draw.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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